A Hollywood happy ending for unnecessary Paramount drama
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A Hollywood happy ending for unnecessary Paramount drama
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The Paramount-Warner Bros. deal is going through — and that’s a good thing. We said California Attorney General Rob Bonta should reach an agreement — and he did.
Left-wing activists are upset. “Gavin Newsom hands huge win to Trump and his billionaire cronies,” said Hollywood actor Mark Ruffalo.
“Hate to say it but we all got played,” he added.
They did. Because this was all about politics for Bonta. It was never really about consolidation.
The five-year deal is a no-brainer, from the perspective of saving jobs and protecting the US film industry.
Hollywood stood to lose tens of thousands of jobs, and billions of dollars in economic activity, if the deal fell through and Paramount left for Nashville. It was not just a threat, but a real possibility.
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